Bank of Baroda slashes interest rate on home loans: Check and compare latest rate with SBI, LIC
Zee News
Bank of Baroda has again slashed the interest rates applicable on home loans, following LIC HFL, State Bank of India (SBI), Kotak Mahindra, and YES Bank.
New Delhi: Following in the footsteps of lenders such as LIC HFL, State Bank of India (SBI), Kotak Mahindra, and YES Bank, among others, Bank of Baroda has now slashed the interest rates applicable on home loans by 25 bps. With the latest revision, borrowers can apply for home loans at just 6.50%* interest rates starting from October 7, 2021.
In a recent previous change, the Bank of Baroda had cut its interest rates on home loans to 6.75%. However, the latest move has now made buying a new home more affordable than ever amid the ongoing festive season.
Moreover, the Bank of Baroda has extended the festive season offer on home loans till December 31, 2021. This means that customers can buy homes at just 6.50% interest rates till 2021.
